Navigation Links
HA&W Obtains Approximately $2 M in Credits and Cash Grants for Clients Through the Therapeutic Discovery Project Program
Date:11/18/2010

ATLANTA, Nov. 18, 2010 /PRNewswire/ -- Habif, Arogeti & Wynne (HA&W) is pleased to announce that it obtained approximately $2 million in credits and cash grants for qualified clients through the Therapeutic Discovery Project Program (TDPP).  The TDPP was created by the Patient Protection and Affordable Care Act in March 2010 with $1 billion allocated for credits and grants to qualifying projects in increments of up to $5 million.  One hundred percent of HA&W clients who received assistance in applying for grants received an award.

Awards were granted primarily to pharmaceutical companies working on qualified therapeutic drugs that met specific federal healthcare and economic guidelines.

Soon after the passage of this Act, HA&W moved quickly to identify clients who met the complicated eligibility requirements.  This process was made easier due the Firm's Technology & Life Sciences Practice and its well-established R&D practice area.  Based on these relationships, HA&W's staff qualified candidates and worked closely with them to explain the requirements in detail.  As a result, all clients for whom HA&W prepared an application were awarded cash grants or tax credits.

HA&W Partner and Technology & Life Science Practice leader, Mitchell Kopelman, said, "We knew we had a limited window of opportunity to help our clients take advantage of this program.  Our expertise in the R&D tax credits and our close relationships with our clients allowed us to quickly identify those with the best chances and help them with the application process.  I'm proud of our staff and their effort, and I'm very happy for our clients."

In total, 5,600 companies applied for the award by the deadline in July.  A total of 4,606 projects from 2,923 companies were deemed eligible for the award and the recipients were contacted on October 29th.  Fifty-one of the companies are in Georgia.  While the maximum award allowed was $5 million per applicant, the IRS capped the award at $244,479 per project due to the overwhelming number of applicants.

Habif, Arogeti & Wynne, LLP is the largest independent accounting and business advisory firm headquartered in Georgia and one of the top 50 firms in the United States. The firm's more than 300 professionals provide financial solutions – including accounting, auditing and tax services, forensic and litigation services, management consulting, financial planning, technology consulting and financial staffing – to more than 5,000 clients in a variety of industries. HA&W serves its expanding list of international clients through its membership in Baker Tilly International, an association of leading independent accounting firms worldwide. For more information on HA&W, visit www.hawcpa.com.


'/>"/>
SOURCE Habif, Arogeti & Wynne, LLP
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. China Sky One Medical Obtains SFDA Approval for Ciclopirox Olamine Vaginal Suppositories
2. Trius Therapeutics Obtains Special Protocol Assessment With FDA for Phase 3 Study of Torezolid Phosphate
3. Par Obtains Exclusive Rights to Market and Distribute Generic Zetia(R) in the U.S.
4. Sanofi-aventis Obtains Antitrust Clearance in Connection With Chattem, Inc. Tender Offer
5. Sinovac Obtains Fifth H1N1 Vaccine Order from Chinese Central Government
6. Jiangbo Pharmaceuticals Obtains Renewal of GMP Certificate
7. Derma Sciences Obtains Exclusive Worldwide Rights to MEDIHONEY(R)
8. Sanofi Pasteur Obtains License from Syntiron to Develop & Commercialize Vaccine to Prevent Staphylococcus Infections
9. ULURU Inc. Obtains Status of Approved Supplier With McKesson.
10. Sinovac Obtains Fourth H1N1 Vaccine Order from Chinese Central Government
11. NeoStem Acquires China Biopharmaceuticals Holdings, Inc.; Obtains Controlling Interest in Profitable Leading Chinese Pharmaceutical Company
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/5/2016)... 5, 2016  Sharn Anesthesia Inc. announced today that ... distribution partner for Salter Labs.  The company also received ... recognition of outstanding sales performance. Salter Labs ... anesthesia care, including the market gold standard ECO 2 ... distributor of the Parker Flex-Tip® Endotracheal Tube, which is ...
(Date:12/5/2016)... -- Sanovas, Inc., a life science asset holding ... its wholly owned subsidiary, Intubation Science, Inc., and its LightSpeed ... - http://photos.prnewswire.com/prnh/20161202/445251LOGO   ... Sanovas, Inc. ... There are over 40 million Endotracheal Intubations performed ...
(Date:12/5/2016)... 5, 2016  Recently Zymo Research announced an ... known as Horvath,s Clock. Based on this technology, ... service to academic and biopharma scientific researchers to ... other than sperm. The service quantifies ... age versus chronological age following drug treatments and ...
Breaking Medicine Technology:
(Date:12/5/2016)... , ... December 05, 2016 , ... The new knee ... individual looking to buy neoprene knee sleeves for lifting and any sport ... focuses heavily on two main aspects to provide a higher quality knee sleeve performance. ...
(Date:12/5/2016)... , ... December 05, 2016 , ... ... called the CardioQuick Patch® significantly improves the reproducibility and accuracy of placing precordial ... healthcare settings. , Over the last 60 years, studies have shown that ...
(Date:12/4/2016)... ... December 03, 2016 , ... ... wins "Best Surgical Body Shaping" at the 2016 Anti-Aging & Beauty ... France. , The Aesthetic & Anti-Aging Medicine European Congress (AMEC) brings ...
(Date:12/4/2016)... , ... December 04, 2016 , ... Responsible dental care ... must brush properly to achieve optimal results. This important necessity inspired an inventor from ... for a way to ensure that people break or avoid bad techniques of brushing ...
(Date:12/2/2016)... Angeles, CA (PRWEB) , ... December 02, 2016 , ... For over twenty-four years, ... lien basis to help personal injury victims find high quality medical care. When the ... Los Angeles area. Fast forward to present day and the now ten-page directory features ...
Breaking Medicine News(10 mins):